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Minister of BUMN Imposes Moratorium on Corporate Venture-Capital Investments by BUMN in Startup Businesses

The development of start-up businesses across Indonesia in recent years has continued to show a positive trend, both in terms of the number of companies and the quality of the startups concerned, which is evidenced in the increasing number of unicorn and decacorn startups whose market valuations dominate the Southeast Asian region. [1]

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